Pineapple Produce had the following operating data for the y…

Pineapple Produce had the following operating data for the year for its fruit division: Sales $820,000 Contribution Margin $240,000 Total Fixed Costs (Controllable) $150,000 non-controllable costs $95,000 Average Total Operating Assets $360,000 What is the controllable margin for the year?

At the beginning of the year, Florence Flooring had a cash b…

At the beginning of the year, Florence Flooring had a cash balance of $27,430. During the year, the company expects cash disbursements of $153,700, and cash receipts of $166,400. If Florence requires an ending cash balance of $43,200, how much must the company borrow?